AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
•
Market Overview
AS
Structure & Formations
A bullish engulfing pattern emerged near the $1.473–1.484 support zone early in the session, which helped reverse the downtrend. A key breakout occurred at $1.492 after 03:30 ET, with price forming a higher high and higher lows into the morning. A 20-period MA on the 5-min chart acted as dynamic support, with price staying above it post-breakout.
MACD & RSI
MACD turned positive during the 07:30–09:00 ET rally, signaling bullish momentum. RSI climbed into overbought territory above 70 by midday, suggesting possible near-term profit-taking. The divergence between strong volume and elevated RSI suggests a temporary consolidation phase may be ahead.

Bollinger Bands
Bollinger Bands remained relatively wide post-07:30 ET, confirming increased volatility. Price traded near the upper band between 07:30–08:15 ET, reinforcing the strength of the rally.
Volume & Turnover
Volume and turnover surged after 07:30 ET as price rallied above $1.500, with the largest 5-minute turnover spike reaching $223,347.9 at 07:30 ET. The alignment of rising price and turnover supports the validity of the breakout.
Fibonacci Retracements
Fibonacci levels drawn from the $1.473–$1.591 swing suggest key retracement levels at $1.543 (38.2%) and $1.514 (61.8%). Price tested the 61.8% level in the final hour of the session, indicating potential near-term resistance.
Forward-Looking Observation
Price appears to have found strong support around $1.473 and is now testing the 61.8% Fib level at $1.514. A close above $1.525 could signal further momentum. Investors should watch for RSI divergence or a pullback below $1.500 as potential short-term risks.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.30 2025

Dec.30 2025

Dec.30 2025

Dec.30 2025

Dec.30 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet